144 Lambert Road

Somerville, TN 38060

$390,000
Last Sold Price
6,272,640 / 144
Lot Size / Acres

Description

144 +/- acres in rural Fayette County north of Somerville, TN. This property serves as a great investment for farm income. It offers great duck & deer hunting as well. Some of the frontage along Lambert Rd. could be brought up out of the flood plain to serve as residential home sites or barndominiums. Very convenient to I-40 to get to the inner city of Memphis and or Jackson within 45 minutes. The property will remain in a current 5 year farming lease that pays about $90 per tillable acre.144 +/- acres in rural Fayette County north of Somerville, TN. This property serves as a great investment for farm income. It offers great duck & deer hunting as well. Some of the frontage along Lambert Rd. could be brought up out of the flood plain to serve as residential home sites or barndominiums. Very convenient to I-40 to get to the inner city of Memphis and or Jackson within 45 minutes. The property will remain in a current 5 year farming lease that pays about $90 per tillable acre.
  1. Listed by Jeremy Ryan • Crye-Leike, Inc., REALTORS

Property Details for 144 Lambert Road

Area
6510
MAAR Subdivision Name
None
Legal Subdivision Name
None
Location
Rural

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS

Sold By Crye-Leike, Inc., REALTORS

LISTING UPDATED: 11/08/2021 11:23 AM

Property Details for 144 Lambert Road

StatusClosed
MLS #10095356
Days on Market188
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land
Year Built-
Lot Size144.00 AC
CountyFayette County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS

Sold By Crye-Leike, Inc., REALTORS

Building Information for 144 Lambert Road

Lot Size144.00 AC

Payment Calculator

$2,128 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 144 Lambert Road

Summary
Location and General Information
  • Address: 144 LAMBERT RD
  • Address Search Number: 144
  • Directions: From Somerville, take Hwy 76 North and follow Hwy 59 N. Take a left on Lambert Road.
  • Map Coordinate: 0
  • MLS Map Num: Fayette/Braden
  • Uses Of Adjacent Area: Pasture
Taxes and HOA Information
  • LVT Date: 03-18-2021
Property
Lot Information
  • Lot Size: 144 acres
  • Acreage: 144.00
  • Improvements: None
  • Present Usage: None/Vacant
  • Road Frontage: Paved
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning: ag res
  • Zoning Of Adjacent Area: Single Family, Agriculture
Property and Assessments
  • Legal: No Known Subdivision
  • Service Type: Full Service Listing
Utilities
  • Utilities: None

Property History for 144 Lambert Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Inc., REALTORS